Infosys attrition rate rises sharply in Q4

Infosys attrition rate rises sharply in Q4

IT giant Infosys, while announcing its Q4FY22 results, said that its Voluntary Attrition % for LTM – IT Services rose to 27.7% as compared to 25.5% in the previous quarter and 10.9% in the year-ago quarter.

Meanwhile, the IT company added nearly 22,000 employees during the fourth quarter as total headcount stood at 3,14,015 from 2,92,067 in the December 2021 quarter, Infosys informed in an exchange filing on Wednesday.

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“With the acceleration of digital disruptions across industries, we see immense potential to engage and partner with clients as they transform, adapt and thrive. We will scale talent globally, invest in employees and accelerate innovation and digital capabilities to capitalize on the expanding market opportunities”, said Infosys CEO and MD Salil Parekh in the release.

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